The role of Islamic banks in stimulating economic growth (Sudan as a model)
DOI:
https://doi.org/10.33095/v4g5cc24Keywords:
: economic growth, Islamic banks, financing formulaAbstract
The study aims to the extent of the ability of these banks to influence economic growth through economic indicators such as their financial assets and the extent of their size and development from year to year, as well as the indicator of credit granted by Islamic banks in Sudan to the Sudanese economic sectors, as well as the indicator of the financing formulas in force in these banks and the quality of those indicators in contributing to the productive process through the production of goods and services, which indicates an increase in GDP and thus the progress of economic growth Islamic banks in Sudan and The purpose of the research is to find out the impact of Sudanese Islamic banks on economic growth in Sudan and Faisal Islamic Bank of Sudan was chosen to infer this goal are an integral part of the global Islamic system that relies on Islamic law, and one of the most important results of the research is the existence of a close link and influence of Islamic banks in economic growth and contribute to this growth in multiple ways, including financing small and medium-sized enterprises.
The most important paper results that contribute to supporting economic growth in Sudan, where the necessary financing is provided for these projects, which have a role in providing employment opportunities and increasing productivity and revenues, as well as Islamic banks finance agricultural projects and agricultural investments to enhance productivity and exports. Islamic banks in Sudan also invest in vital sectors such as food industries, textiles, tourism and energy.
Research type : research paper
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